2-bedroom house · DN32 7NE
Listing removedListed 132 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Soon Located centrally between Grimsby and Cleethorpes, is this recently renovated and well presented, two bedroomed mid terrace house.
Benefitting from gas central heating, UPVC double glazing. The accommodation offers; porch, front lounge and middle dinning room or second living room.
Area Close to the town centres, local schools, amenities and public transport .
Property Description This lovely property briefly comprises of ; living room, dinging room, the kitchen has a range of wall and base units with plumbing for your washing machine.
To the first floor are two double bedrooms and generous bathroom with shower over the bath. A low maintenance garden to the rear that is a real sun trap. The front offers street parking.
This property must be viewed to fully appreciate.
Water supply – Anglian Water Sewerage – Mains drainage Broadband - According to Ofcom the following is available: Standard 13mbps, Superfast 80mbps and Ultrafast 1800mbps Mobile Signal – According to Ofcom the coverage is detailed as being variable in-home and good outdoor EPC Rating D Council Tax Band A Tenancy Information Rent: £550 per calendar month (£126.92 per week) Deposit: £634.61 Your income must be a minimum of £16,500.
Guarantor (if needed) income £19,800. A holding deposit of £126.92 (one week’s rent) is required to reserve the property when your application has been agreed for formal referencing.
Once your application has been approved, this amount will be deducted from the combined balance of the first month’s rent and deposit as detailed that will be due.
Please note bills are not included at this property. All bills including Gas, electric, council tax, water and broadband are responsibility of the tenant.
For a list of permitted tenant fees please visit our website.
Further Property Information available: If you would like any further specific information relating to this property, please call or email our team.
Agent information: Lovelle Estate Agency is a member of the ‘Property Mark Client Money Protection’ scheme and a member of ‘The Property Ombudsman’ redress scheme.
Further details are available on our website: And please select the relevant branch. EPC rating: D. Mobile signal information: None
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 145, Rutland Street, Grimsby
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